YXT.com Group Holding Limited Announces Pricing of Initial Public Offering
YXT.COM GROUP HOLDING LIMITED - American Depository Shares (YXT)
Company Research
Source: GlobeNewswire
SUZHOU, China, Aug. 16, 2024 (GLOBE NEWSWIRE) -- YXT.com Group Holding Limited (“YXT.com” or the “Company”), a leader and disruptor of the digital corporate learning industry in China, today announced the pricing of its initial public offering of 2,273,000 American depositary shares (“ADSs”), at US$11.00 per ADS, for a total offering size of approximately US$25 million, assuming the underwriters do not exercise their option to purchase additional ADSs. Each ADS represents three Class A ordinary shares of the Company. The ADSs have been approved for listing and are expected to begin trading on the Nasdaq Global Market on August 16, 2024, under the ticker symbol “YXT.” The offering is expected to close on August 19, 2024, subject to customary closing conditions. In addition, the Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 340,950 additional ADSs. Kingswood Capital Partners, LLC, a
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YXT
Sec Filings
- 8/16/24 - Form 424B4
- 8/16/24 - Form FWP
- 8/16/24 - Form EFFECT
- YXT's page on the SEC website